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VERMICO CONSTRUCT

Active Private limited company (pre-2019)founded 2013active for 13 yearsDorpsstraat 100, 2590 BerlaarKBO/BCE: BE 0515.960.915

Lifetime

12 annual accounts with figures on one time axis
peak €92,360 (2021)
€2,538▲ €3,121
lowest -€127,651 (2016)
€2,380▲ €3,474
peak €31,194 (2014)
-€14,824▲ €2,380
€208,069▼ 2.8%
Board3 names since 2013
1 director
Documentsfilings and deeds
10-02-202610 days late
2025micro format
Gross margin from -€582 to €2,538Back to profit: €2,380Equity from -€17,204 to -€14,824Cash from €595 to €309

Key points

from the 2025 annual accounts

Equity

-€14,824
202020212022202320242025

Debts exceed assets in financial year 2025.

Debts

€208,069 108% of the balance sheet
Financial debts 19%Suppliers 67%Other 13%

Filings

12 annual accounts since 2014
deadline201520202025

Two of the last ten came late. The 2024 accounts came latest: 10 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 1,380 companies had the same profile as VERMICO CONSTRUCT has now. Each dot stands for 4 companies, two years later.

94.2%
were still trading
3.3%
stopped another way
2.4%
went bankrupt
  • Micro
  • 10 to 20 years old
  • negative equity
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 1,380 companies, not a prediction for VERMICO CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Board and ownership

Director, since 21-02-2013
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0515960915
Resignations: (director) and (director) Director discharge: · Director discharge: · General meeting of 15-05-2018 · Gazette deed
Registered office moved from Lier to Berlaar New registered office: Dorpsstraat 100, 2590 Berlaar · Previous registered office: Stijn Streuvelslaan 6-2500 Lier · General meeting of 25-11-2021 · Gazette deed
Registered office moved from Itegem to Lier New registered office: Stijn Streuvelslaan 6, 2500 Lier · Previous registered office: Bevelsesteenweg 10 c, 2222 Itegem · General meeting of 30-08-2019 · Gazette deed
All 24 events

Comparable companies

same main activity, similar in size and age
Company
VERMICO CONSTRUCT Berlaar €193,245 €2,538 -7.7% -
UNAL RAHMAN Puurs-Sint-Amands €169,980 €3,867 19.5% -
Setareh Realty Herentals €212,398 €3,277 -24.0% -
CREALINE SL Herve €178,122 €4,062 40.0% -
FG GROUP Antwerp €216,203 €5,457 -79.4% -
ARAGONIA Antwerp €212,810 -€44,122 -3.0% -
EUROSTAR CONSTRUCT Antwerp €162,613 -€77,389 95.1% 0.5

These companies have the same main activity as VERMICO CONSTRUCT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €163,000 and €216,000, founded between 2011 and 2015.

Official details

Source: KBO
Status
Active since 21-02-2013Normal situation
Activity
Development of residential building projectsNACE 68121and 2 others
Establishment unit
2.218.859.0632590 Berlaar, since 25-02-2013
Financial year end
30 June
Peppol
Reachable since 22-01-2026
Company details

Annual accounts to 30-06-2025

≈ €10,000estimated
€193,245▼ 1.8%
Filing
Filed on 10-02-2026
Financials

Insights on VERMICO CONSTRUCT

VERMICO CONSTRUCT files the micro format. That format states no turnover. The gross margin rose from -€1,285 in 2014 to €2,538 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VERMICO CONSTRUCT

What is the company number of VERMICO CONSTRUCT?
The company number of VERMICO CONSTRUCT is 0515.960.915. The VAT number is the same number with BE in front: BE 0515.960.915.
Where is VERMICO CONSTRUCT based?
The registered office is at Dorpsstraat 100, 2590 Berlaar.Company details
What does VERMICO CONSTRUCT do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of VERMICO CONSTRUCT?
VERMICO CONSTRUCT is a private limited company (pre-2019) (BVBA).
When was VERMICO CONSTRUCT founded?
VERMICO CONSTRUCT was founded on 21-02-2013.
Is VERMICO CONSTRUCT still active?
Yes, VERMICO CONSTRUCT is an active enterprise in the KBO register.
What is the turnover of VERMICO CONSTRUCT?
The turnover in financial year 2025 is ≈ €10,000. This figure is estimated from the gross margin of €2,538 and 49 comparable companies (NACE 68121). It probably lies between €5,200 and €31,000. It is a rough estimate.Financials
Is VERMICO CONSTRUCT profitable?
In financial year 2025, VERMICO CONSTRUCT made a profit of €2,380.
Where can I find the annual accounts of VERMICO CONSTRUCT?
VERMICO CONSTRUCT filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VERMICO CONSTRUCT due?
VERMICO CONSTRUCT must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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